Skip to main content

About your Search

English 11
Search Results 0 to 10 of about 11 (some duplicates have been removed)
Apr 15, 2010 4:30am EDT
... plus... why do investors seem so confident about america being able to pay back our debt? .... we'll answer that question - coming up on today's first business good morning everyone thinks for joining us and it is tax day thursday april 15, 2010 and of course the stock market gets higher on good earnings news ups is up 4% after the close yesterday after greater demand not for shipping packages so good news there and also j.p. morgan and intel, as reported earlier this week after seeing lots of strength and different sectors angie so that's good news. and the market is on fire lets face it is unbelievable but it just continues to go higher it was held by the fed chairman ben bernacky that it looks like we're not going into those recessions. but hold the phone unemployment will remain stubbornly high. that what were going to talk more about coming up angie. also the debate over financial reform continues this week a vote is expected as early as this month. everytime you swipe your credit card at a store-- there's a little fee attached most people don't know about. the credit card co
Apr 16, 2010 4:30am EDT
in focus. bank of america reporting earnings before the opening bell. we're also going to checking in on the trading floor, angie, to talk about this never ending rally in stocks. it's unbelievable. and wake-up and smell the coffee, because mcdonald's is going to be changing over some of its stores into a more coffeehouse feel. it will cost about a million dollars to do those stores and revamp them. and the franchise owners are going to have to pay half of that. they're not too happy. i can imagine that, angie. and airline stocks are also in focus. now lots of merger speculation among the major airlines. the president is calling for an investigation into the west virginia mine explosion earlier this month. 29 men were killed in the blast - federal inspectors are figuring out what caused the explosion at massey energy's mine. inspectors will also be sent to mines across the country with troubling safety records. the president says companies should be forced to make safety changes... and not just pay fees for violations. "we do know that this tragedy was triggered by a failure at the
Apr 1, 2010 4:30am EDT
of the rmb group. new energy efficiency rules are on the way for america... today, the obama administration will finalize federal clean air standards for cars and trucks. under the proposal, the average fuel economy for passenger cars will increase from 27.5 miles per gallon now... to 38 miles per gallon by 2016.. that's an improvement of almost 40%. experts say these new rules for cars could save 11.6 billion gallons of gasoline each year by 2016 - which is equal to half of the oil we import from saudi arabia... new standards would also save consumers almost 32 billion dollars at the gas pump each year. all this would come at a cost of about 60 billion dollars.... and generate 200 billion in economic benefits between 2012 and 2016. besides those fuel efficiency rules shares of offshore drilling companies saw a big pop on wednesday. including diamond offshore drilling... and transocean.... those two are up 5% this week. after president obama announced he's opening up part of the east coast to offshore oil and gas drilling... while making sure measures are in place to protect coastlines.
Apr 13, 2010 4:30am EDT
of scrap metal overseas. and of course, what are they using it for? well, in fact america's largest export on a volume basis is waste. whether it be waste metals, plastic or paper. and it's being shipped there to be reprocessed into goods, to be re-exported to the united states in the form of toys or appliances. what ever. what about paper, glass and aluminum. what do you think is going on with those prices? are they at all valuable today and why? absolutely, all commodities are valuable today. it really is again because of the strong demand in asia. and you will find that whether it be from agricultural commodities or in base metals. have you noticed any changes in the amount that people are actually recycling these days versus maybe before the recession started? well i would say that when the recession happened, the amount being recycled dropped dramatically. now as prices pick up, then more is recycled. because value can cover the cost of recycling. and people are being paid for their glass and aluminum and plastic? absolutely. and on average any idea how much we can get for those items
Apr 2, 2010 4:30am EDT
health-care costs and reducing pollution. more energy independence in america, reducing the amount of oil that we import and keeping those dollars in our economy. if you don't spend the money at the gas pump, you have more money in your pocket to spend on the state streets and the main streets. at the shops and the stores in our towns. thank you very much. we appreciate your time. you're welcome. pet toys and fast food japanese style may seem like very different businesses... but on our website --- first business news dot com -- we profile the two industries.... highlighting how both can be considered recession proof. plus... got an idea on how to fix what's wrong with the economy?... well, your outside of the box idea could win you a million bucks. head to our website and the interview on o-o-bonomics for details... its all on and straight ahead on the show.... a handful of states claim the new healthcare legislation is a violation of their rights... but will the arguement hold up in court analysis coming up after the break. now that the health care law has passed,
Apr 9, 2010 4:30am EDT
it's a great deal for america. now concerns about those jobs invested in renewable energy jobs projects are actually staying in the united states have four democratic senators last month wanting to stop the stimulus program for renewable development because they argue that much of that spending is going overseas. looking at your groups numbers, of the first billion spent on wind energy projects. just 53 percent of the value of the turbines and 63 percent of other equipment on wind farms went to the u-s. what can be done to ensure more stimulus spending actually stays here? let me mention one thing about those numbers. the four senators, i think one of the things they think. the misunderstanding is that the tax credit that was provided went 100% to the people building wind farms in the united states. to wind farms that were building and constructed and on the grid. the value of some the parts and components are not all built in the united states yet because we are a brand new industry. so we moved up over the last four years from 25% to over 50 percent being built in the united
Apr 14, 2010 4:30am EDT
the economic outlook for america. and we may hear some more upbeat statements about the economic recovery. and let's check in with ben lichtenstein, traders audio. ben, seen those headlines, dow at 11,000. do you think that brings in more individual investors into the market? not necessarily, you know those are some what psychological kind of nice easy round numbers that investors look at. but i don't think so anymore so than 10,500 for the most part. this market's very top-heavy at this point it. very overbought, which is a relative term. keep in mind overbought markets can continued to rally for a long ways higher, just like oversold markets can crash. so i don't think so right now. the real sentiment and the basic approach to this has been basically buy and close your eyes and just hold on at this point. but the market certainly seeking value to the upside, continues to be even after we close on tuesday afternoon. we're just waiting for these earnings to come out, but very positive into the earnings. what kind of orders do you see from the big money, the big institutions out there? you
Apr 21, 2010 4:30am EDT
them? no, i like financials. i think like bank america, i still like bankamerica. but, bankamerica up at 19 and the whole financial. if you look at the xl f, just as an index or an exchange traded fund. you see the percentage gain that we've seen this year alone. i think we got way to far ahead of ourselves. the market is going to struggle, banks will struggle throughout 2010 and probably for the first half of 2011. but i don't think you do not want to not have exposure. i think you want to have exposure. looking at citi for example, we hit $5, we tapped off of that. we lost 10%, we've rallied back, on good news on earnings from citi. i think a lot of financial's, if this economic recovery is to be sustainable. there's three sectors you want to pay attention to. it's obviously the banks, transportation, and technology. those are the three leaders come out of the recession. so far, we are seeing the strength in all three of those sectors. i think you still want exposure to the financials. ok, let's move on to the overall market here. stocks, popping up in the last hour of trading yeste
Apr 29, 2010 4:30am EDT
are. "i think government should stay out of big business because that is what america is about, being free, i think the government is regulating way too much." as a major client doing business at chicago financial exchanges -- traders are tight lipped on the issue. "i can't talk about that." as for the protestors they were turned away from goldman sachs office but marched on... "reporter: what about people who say you are bunch of bleeding heart liberals? man says: well our economy is bleeding. so if we are bleeding hearts that just because someone stuck a knife in it." coming up later in the show my interview with a legal expert on whether there could be jail time for goldman executives and what are the chances taxpayers will get their money back from goldman sachs. let's turn to ben lichtenstein of traders audio for the latest from the trading floor. then when we take a look at the stock market it's really not shaking out to be the big sell- off that a lot of people were expecting? yet it is the key word that we have to include in the sentence. but we did touch into some key levels
Apr 30, 2010 4:30am EDT
? because then, what are you going to cap capitalism in america? i mean that's also a ridiculous idea. i mean, you might say that there's no economies to scale, but j.p. morgan, goldman sachs, morgan stanley. these our global leaders. and if you're going to cap them in the u.s., then there want to be capped to what they can do worldwide. but these banks still contribute control our economy. if one of them were to fail to in years from now, our economy would go down again. ok, fine. fine. you can cap them. if they're too big to fail. the fdic insurance fund, which is one fund. different from the $50 billion fund that they're talking about. we had fslic fund and we had the safe fund. which, you just have one fund. it takes care of the deposit franchise. any other businesses that they're in, the government doesn't help them with it. the fdic doesn't protect derivatives trading. it doesn't protect arbitrage trading. it protect the deposit franchise. and you can have separate subsidiaries within a holding company and the fdic insurance fund would only protect the deposit franchise. the proble
Search Results 0 to 10 of about 11 (some duplicates have been removed)